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Search Results 0 to 25 of about 26 (some duplicates have been removed)
>>> right now on andrea mitchell reports, senator majority leader harry reid is expected to speak at any moment now. president obama is back at the white house. his call to congressional leaders seem to have fallen on deaf ears. reid, predicting the country will go over the fiscal cliff and blames it on house speaker john boehner. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker. john boehner seems to care more about keeping his speakership than about keeping the nation on firm financial footing. >> boehner's office's response? we've done our part. it's the senate democrats fall. but will the speaker call his members back before time runs out? >> at the last moment is the way these things normally happen. i think that can happen again. it just depends on putting egos aside a little bit and putting the best interests of the american people first. >> plus, keeping our kids safe, is arming educators the symptom or adding to the problem. >>> and can any
harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely clear at this point when that meeting will take place and details are still being hammered out and we saw today a blistering series of rhetorical jabs from one side to the other and it's not clear as a result of all that whether a deal can, in fact, get hammered out in the remaining time before new year's eve and take a listen to senate republ
as they can, even if it means going over the fiscal cliff. so if harry reid and mr. mcconnell can't come up with something, then you've got barack obama's proposal. >> joy, even before it gets to the house republicans, there are plenty of republicans in the senate who can mess this up, right? even if mcconnell and reid have a deal, there's no guarantee that there isn't a single tea party-backed senator. >> well, i mean, at the end of the day, look, mitch mcconnell is a much better leader of his caucus. and mcconnell has really controlled the leaders. the fact that he's meeting with harry reid means there probably isn't going to be a filibuster. i'll find that very surprising. the problem is that never have we seen, not in my lifetime, a weaker speaker of the house of representative than john boehner. john boehner has essentially thrown up his hands and walked away from this process. he's walked away from the constitutional mandate that senate and tax bills come from the house, not the senate. and he's said you guys pass something. they were going to pass something. it's the house that's the
:00 a.m. yesterday, senate leader harry reid said he didn't think the fiscal cliff could be avoided. as you can see, stocks plunged. shortly after noon, senator scott brown posted on facebook of all things that he was headed back to washington because the president had reached out to the gop leadership with a proposal. then the markets bounced up a bit. but then cnbc's john harwood tweeted the white house denied skost brown's post and markets dropped again. thanks, john, for that. then came a late day surge on news that speaker boehner called the house back to washington, and late today we learned that the white house is holding a conference call with ceos on the status of the fiscal cliff negotiations. so maybe things will change once more again tomorrow. joining me now to discuss the business ramifications and what the markets think of all this, the editor of thegrio.com and msnbc contributor joy reid. >> hey, richard. >> hi, joy. do we also have fortune magazine's assistant, yes, excellent, managing editor, leigh gallagher. thanks for joining us, too. wall street seems to have be
it does, the senate majority leader harry reid is expected to weigh in, in just about ten minutes on the looming fiscal cliff. reid and his fellow senators are under intense scrutiny after john boehner said the democratic controlled senate must act first on proposals already passed by his chamber. we will bring you reid's remarks as they happen. >>> as the clock ticks down toward the fiscal cliff, washington has a new worry the debt ceiling, treasury secretary tim geithner says the united states will hit its legal borrowing limit on monday. alison kosik is in new york. i feel like it's groundhog day. >> i know it really is. what's old is new again, right, carol? let me kind of back up the bus here. we start talking about the debt ceiling and i know people's eyes glaze over. let me tell you exactly what the debt ceiling is. it's a cap set by congress of the amount of money the federal government can borrow. right now the ceiling is at $16.394 trillion and treasury secretary tim geithner said earlier this week we could hit that debt ceiling on monday, on new year's eve and the treas
going on right now, though the action is with the senate majority leader harry reid, minority leader mitch mcconnell trying to put together some alternative package that could in fact make its way through both houses. after they met with the president on friday, they sounded cautiously optimistic. here's what they had to say. take a listen. >> we'll be working hard to try to see if we can get there in the next 24 hours. and so i'm hopeful and optimistic. >> i'm going to do everything that i can. i'm confident senator mcconnell will do the same. but everybody, this is whatever we come up with is going to be imperfect. >> and t.j., there's a lot of pressure on lawmakers and on the president to get something done. we've already seen the markets impacted by this. a lot of americans have just expressed frustration and concern over what's going to happen to their tax rates in the new year if in fact lawmakers can't get a deal. so there's a lot of public pressure to get something done on this. and of course, time is really running out. t.j.? >> kristen welker for us at the white house. than
be right. that would be senate majority leader harry reid. seemed kind of irritated that house republicans and all house members are not here in washington trying to work out a deal on the fiscal cliff. here is more from leader reid a short time ago. >> if we go over the cliff and it looks like that's where we're headed, mr. president, the house of representatives, as we speak, with four days left after today before the first of the year aren't here with the speaker having told them they will give them 8 hours notice. i can't imagine their consciences. >> reporter: of course president obama has left hawaii. he is heading back to washington from his family vacation. we learned from the white house that the president had made calls to the top four congressional leaders mcconnell and boehner on the republican side, pelosi and reid on the democratic side. we'll see what the president has in mind when he touches down back in washington a little later this morning, harris. harris: mike you mentioned it. i'm mentioning it too. it is coming into the newsroom from senator mcconnell's spokesperson a
? basically the ball is in the senate's court? >> all you have to do is look at what harry reid, the leader of the senate has been saying from day one. every time that speaker boehner put forth a common-sense plan to fix this problem, harry reid would say, right off the bat it is doa, dead on arrival. not one thing that speaker boehner proposed that reid said, oh, we can work with that. it's about scoring political points. the american people are tired of all of us, i understand that. we just make used car salesmen look good. that's the only group is below us. but we've got to get our act together, and prove to the american people that we can regain the trust that they once had in us and get the job done. and as you say, not kick the can down the road. they want to us work this out. i hope we do. >> let's talk about something a little more bright. the former marine stuck in mexico. if you don't know the story, he was basically trying to go on a surfing trip. an old winnebago and a bunch of surf boards and some sort of antique, torn apart gun that he wanted to use to hunt rabbits and birds.
controlled unfortunately by the right wing pickwick that leaves it up to harry reid and the rest of the senate to find a solution. the plan would avoid tax increases and would eliminate some big spending cuts and restore unemployment benefits. >> you are likely to see a two- step process. >> without a deal, bush era tax cuts will expire on january 1. congress set up the deadline hoping it would force a compromise. so far that has a compromise in. also flyback will be brian schatz. he will be replacing daniel inouye and will likely be sworn in later today. danielle leigh, wbal-tv 11 news. >> with the new year comes new state laws. >> kim dacey has more on what to expect. >> on tuesday, a dozen new state laws will go into effect. some were highly discuss. one allows gay couples to marry as of january 1. baltimore city elections will now be held in the same cycle as the presidential elections. for veterans, the department of veterans affairs will be required to give out something of their status. another new law will make it easier to protect kids and disabled -- a parent or guardia
at the white house the president meets with all the key congressional leaders, top democrats harry reid and nancy pelosi leading republicans mitch mcconnell and john boehner. no deal can be reached in past without their cooperation. with the meeting comes a glimmer of hope. in the past all the ifisical cliff talks meetings like this have been the least productive of all. whether he meant to or not the senate majority leader may have spoken for a nation exhausted by seemingly endless fiscal cliff negotiations. >> what's going on here? >> reporter: what indeed. president obama returned to the white house in a grim mood. he met with no congressional leaders and said nothing about his efforts to avert the fiscal cliff, talks continue between senior white house and congressional staff, but that's been true throughout this entire saga. with the deadline looming there were dire predictions. >> come the first of this year americans will have less income than they have today. >> reporter: and recriminations. >> now republicans have bent over backwards. we stepped way, way ou
. >> clayton: they all said the same thing. presidential meeting with the leaders yesterday. harry reid. >> juliet: vice president showed up. >> clayton: they must have been all on the same table hey whether we lee this table we will say modestly optimistic. listen to senator mitch mcconnell who may be the linchpin of this whole thing. he said i will take the ball and run with it in the senate. get a deal done. listen to the senator. >> we had a good meeting at the white house. we are engaged in discussions the majority leader and myself and the white house in the hopes that we can come forward sunday and have a recommendation that i can make to my conference and the majority leader can make to his conference. we will be working hard to see if we can get there in the next 24 hours. so i'm hopeful and optimistic. >> charles krauthammer calling him a master negotiator. saying if it were left up to him he could solve the syrian civil war in a weekend. >> dave: he can get it done but there is still john boehner and the house republicans. i'm not modestly optimistic. anything through the hou
. >> thank you, luke. >> so we know now the ball is in the senate's court, emphasis is now on harry reid and mitch mcconnell. seems the house is not in session. johnny isakson, your colleague from georgia said congress should pass the $250,000 and below deal because that's what's going to happen afterwards. do you think that should happen? >> i do not. i think $250,000 is too low a threshold. a lot of working people who are couples would exceed that. however, i talked to some of my democratic colleagues and they are saying maybe in the $400,000 or $500,000 category we could set a benchmark. i do think it is essential that we start talking about what amount can be passed on a bipartisan basis, because, you know, i'm one who believes you shouldn't tax anyone right now. i would have supported plan b. i think that we've got to come to some terms with the impact that this is going to have and remember the other parts of this, making the child tax credit permanent, the marriage penalty relief permanent. these are things that go with any kind of a threshold that we hopefully could agree on. >>
possible we've learned from sources as senate majority leader harry reid works to get republican support in the senate, which he will need if he's going to pass a bill. and so we're still waiting to see exactly what it will look like that the white house wants for the threshold on income tax rates to cut off at $250,000. we will see if that ultimately is what senate majority leader reid rolls out. as of this point in time, we're expecting this to be a limited measure to deal just really with the fiscal cliff, which was supposed to be appear incentive to deal with the long-term fiscal health of the country. not part of this, obviously looking at a big package. >> can you do this even if everything goes right? getting through the two houses. i don't think the house is anywhere near -- they couldn't get a million collars for the cap of the tax rates expiring. so what is the position of the white house aides and the people are you talking to there in terms much getting a deal done? >> well, the difference would be, and when you remember plan "b" failed. it failed to garner enough support amo
the senate and harry reid but it has to go back to the house. then what? >> the other part is the senate. the 60 vote rule of the filibuster. they have to clear that 60-vote point if somebody blocks this in the senate. then it goes back to the house. there's a lot of questions about whether spiker boehner can control his republican caucus. he could not get the votes a week ago and we don't know if we could this time. what might happen is the tax provisions -- the taxes go up january 1st and then the senate might arrange for then a vote to cut taxes, which is a lot less onerous than to allow taxes to increase or vote to raise taxes. so without getting too far into the weeds they're trying to find a method to prevent the more dangerous economic issues from taking effect but at the same time reduce the political pressure on those, particularly conservatives who don't want to raise taxes. >> we just lowered your taxes, we let it go up then lowered it so we're the good guys. the question i don't think anybody gets, they're coming back tomorrow. the president, congress is coming back from vaca
harry reid before going to hawaii and his offer was to extend the tax cuts for incomes under $250,000, extend unemployment insurance benefits, and the lady across the board automatic cuts that are supposed to start january 1. that seems to be a non starter with republicans. it's hard to see where we go from here. host: have they been talking over the christmas break at all? also, one has been the role of senator mitch mcconnell? guest: the line that comes from the speakers office all the time is the line of communication remain open. i don't know how much talking they did as the president was in hawaii spending time with his family and the speaker was back home in ohio, i believe. i don't know that for sure. everyone was doing their family time and not really working that significantly on something. i think there was probably some minimal conversation, but not a lot. as for the senate minority leader mitch mcconnell, i think that is a good one. a lot has been made in the past few days about him taking a higher profile role in these negotiations. while i don't like prognosticating
connell or boehner. without adding in to this mix, senator harry reid who is running the senate and have failed to act on anything yet. >> will you support whatever short-term deal the republican leadership supports? >> i don't know what i'm going to support yet until i see it. the previous congressman you had on, raul, interesting enough, his office is right next to mine in longworth. the fact of the matter is we're going to have to find a place to come together. that the president has offered a 7% solution for a 100% problem. i was struck by the fact that not a single democrat supported speaker boehner's plan "b" when that was actually nancy pelosi's solution which was to raise taxes on those earning a million dollars or more. not one democrat agreed to vote for it. >> let's talk about that plan "b." it was not successful. hastert had some unkind words saying i don't want to be critical of john, but you don't ever bring something to the floor if you don't have the votes. so congressman, did the speaker miscalculate and do you think he'll be challenged for the speakership when the new congress
defense spending and blame it on the republicans. the problem is we have had harry reid and the senate democrats haven't passed a budget plan in three years and they're looking at just raising taxes. we need to seriously address the spending in this country and we haven't had that from the democrats. we have to have that for things to pass. really get this deficit under control. >> all right. so keith, that was a loud sigh that you just gave. >> you heard that? >> i think everybody at home just heard that. so you obviously do not agree with alice's assessment there. i want to show debbie wasserman-schultz's quote. no 48-notice on house votes just yet. the president has a lot to gain politically with the blame on republicans for letting all of the country go over the cliff and the fact that they seem to hold on with the death grip for millionaires in this country. >> the republicans will be blamed it seems according to the polls going over the fiscal cliff but the president is responsible and wants the deal. he's been trying to negotiate by making reasonable concessions. lowered the rev
, there's a growing debate out there over whether top senate democrat leader harry reid will even have a plan-c to avoid the oncoming fiscal cliff and whether either side is ready to compromise, find some common ground, to keep our paychecks from shrinking as well. peter barnes is fox business network's senior washington correspondent. and he joins us now. peter, what does all this mean specifically for our taxes? >> well, kelly, it means that on january 1st the nation faces about a $5 trillion tax increase over ten years through the expiration of the bush tax cuts and assuming that congress does not approve its annual patch for the so-called alternative minimum tax and the medicare doc fix that prevents deep cuts in medicare payments. the lapse of the bush tax cuts means top rate would revert to 39.6% from the 5% now but it would go up for lowest income earners. reverting from lowest rate to 15% from 10% now. for investors, capital gains rates would revert from 20% to 15% now. depending on the analysis the average family would pay 2,000 to $4,000 more in taxes next year. but, if you'r
they had to figure out, victor, is whether or not harry reid working with the white house on this can get enough votes from republicans to cross party lines for even a scaled back measure, which the president laid out in general on friday, would just be to keep americans' taxes where they are for those making $250,000 or less. and to do a couple of other things, unemployment benefits, maybe, maybe extend the estate tax cut, which is -- which is also going to run out, but, again, they're not even -- the senator won't even consider doing this, i'm told, unless he's sure they'll get through the senate and the house because politically they don't think there is any reason for congress to take votes that are just going to fail. also, they that i it will be bad for the markets, even worse for the markets to have failed votes and then go off the fiscal cliff. >> so the idea that john boehner is even having this conference call, discussing the possibility of bringing the house back into order, is that an indication that he's optimistic that there will be something that he could get a few minority
are on the senate this morning as majority leader harry reid and minority leader mcconnell true to cobble together a last-minute plan to avoid the fiscal cliff. president obama saying he is modestly optimistic that they can come up with a plan in time. on friday, president obama met with the four top congressional leaders here at the white house for about an hour. sources close to those talks say that the president gave lawmakers two options, either come up with a plan that can make it through both chambers or put his proposal up for a vote. under the president's plan, the bush-era tax cuts would be extended for those making $250,000 or less with rates allowed to raise on top income earners. it would also extend unemployment insurance benefits. president obama saying the time for action is now. >> the american people are not going to have any patience for a politically self-inflicted wound. ordinary folks, they do their jobs. they meet deadlines. they sit down, and they discuss things and then things happen. if there are disagreements, they sort through the disagreements. the notion that our elect
. >>> meanwhile, harry reid is urging hawaii's governor to fill the seat by the year. he wants hawaii to be fully represented in the current votes. >>> the debate over where to move fbi headquarters now spills into montgomery county. the post says there have been similar bids from prince georges county and several communities in northern virginia. the general services administration wants to move the fbi because they say the building on pennsylvania avenue is deteriorating and no longer suits the agency's needs. >>> 'tis the season for last-minute shopping. we are in the final stretch of the holiday shopping season and even late into the mall last night the mall at tyson's corner was shoulder to shoulder trying to finish up their shopping. many stores will stay open around the clock through tomorrow night. many say just getting into the mall can be a struggle. take a look at the traffic and the packed parking lot last night at west field montgomery mall in bethesda. security did help direct traffic, and this guard made the best of it trying to keep people in the christmas spirit. but those that d
's best especially harry reid and his gang. they're so worried about everybody in the fiscal cliff. they're obviously worried about how a & p is going to affect people, marginal tax rates, the middle class. good. people need to be worried about the middle class but exactly how worried are they? where there is a will there is a way. there was a will in 1895, a will three years ago. yeah, 2009. but obviously there is a whole lot more talk than action because, let's see, i hear crickets or i hear some hula music but i certainly don't hear the ruffling of papers as any bill is getting passed. so i guess i will leave on this note on christmas eve. you know, i send my best wishes to all the military that are out of the country protecting us and making sure they secure the rights for every american, and i say to congress and the president, if you really were so concerned, you could have done a repeat performance. obviously obama care is signature legislation. cornhuskers, a lot of back room deals. but after 25 days of straight debating, they did pass it on christmas eve. i guess this bill just
it to believe it. 8 . >>> good morning. i'm joy reid in today for the lovely melissa harris-perry. today, i am almost speechless because yesterday, the leading political force behind pro-gun policy, the national rifle association, broke their silence with a flabbergasting response to the tragedy in newtown. wayne lapierre made his assessment plain. >> the only way to stop a monster from killing our kids is to be personally involved and invested in a plan of absolute protection. the only thing that stops a bad guy with a gun is a good guy with a gun. >> in the seven days that have passed since 20 children and seven adults lost their lives in newtown, the country has been immersed in a national dialogue not only to explain this event but to achieve a legislative response that will make our country safer. the nra's contribution? more guns. >> i call on congress today to act immediately to appropriate whatever is necessary to put armed police officers in every single school in this nation. >> given the nra's track record, this is no idle chatter from a grand-standing lobbyist. this is what they do
Search Results 0 to 25 of about 26 (some duplicates have been removed)

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